Watch live: Moderna CEO Stephane Bancel testifies before Senate on Covid vaccine price hike

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Watch live: Moderna CEO Stephane Bancel testifies before Senate on Covid vaccine price hike
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The Boston biotech company plans to charge $130 per dose once the vaccination program moves to the private market as early as this fall.

Moderna's CEO Stephane Bancel is testifying Wednesday before the Senate health committee on pricing of the company's Covid-19 vaccine.once the vaccination program moves to the private market as early as this fall. Sen. Bernie Sanders, chair of the health committee, slammed Moderna in a letter to Bancel in January, calling the price hike "outrageous."

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People who have Medicare, Medicaid or private insurance should still receive the shot at no cost, but Sanders said the price increase "will cost taxpayers billions of dollars."

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Moderna expects to price its COVID vaccine at about $130 in the USModerna expects to price its COVID vaccine at about $130 in the USModerna Inc expects to price its COVID-19 vaccine at around $130 per dose in the U.S. going forward as purchases move to the private sector from the government, the company’s president Stephen Hoge said in an interview on Monday.
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Moderna Expects to Price Its COVID Vaccine at About $130 in the USModerna Expects to Price Its COVID Vaccine at About $130 in the USModerna expects to price its COVID-19 vaccine at around $130 per dose in the US going forward as purchases move to the private sector from the government, the company’s president Stephen Hoge said in an interview on Monday.
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